Asian growth: building on Cayman’s success

The September 2010 edition of The Global Financial Centres Index (GFCI), which provides profiles, ratings and rankings for 75 financial centres, highlighted a familiar trend noting that Asian centres continue to exhibit good growth with Shanghai entering the top 10 and Seoul gaining four places and moving into the top 25 for the first time.

Five misperceptions of China

If one searches “western misunderstanding of China” in Chinese language at Baidu, the Chinese equivalent to Google, you would find more than 250,000 entries. 

Asia not immune

The last few years have seen a shift in hiring patterns of financial professionals around the world. Many bankers, financial lawyers and other professionals have considered a move to Asia, hearing rumours of exotic, recession proof economies. However, Asia has not been immune to global financial turmoil. 

 

Eastern promise: Eyes on Asia

As soon after the arrival of the financial crisis as late 2008, and throughout 2009 governments and economists across the globe predicted that in 2010 the world economy would be coming out of recession and growth would return.

A Cayman perspective on Asian insolvency:

Both Cayman and the BVI play a huge role in offshore regional business and finance and there are significant capital flows between Caribbean offshore jurisdictions and in the People’s Republic of China (PRC)
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